unless it can be shown

that the offers for the

longer term are

in advance of those

made for the Annual monopoly

so as to justify your Government

in this

course you propose

I

am

aware

that

deciding to let the

Opium farm for a longer

period than one year

you are

following

a

precedent adopted in the

S. Settlements, but I am

bound to observe that Experience goes to show that a much

larger revenue would now be obtained from this source

if the local Govt had continued

to adhere to the system

of

Mr.

MINUTE.

Mr. Meade

Mr. Holland. Mr. Herbert.

Mr. Hugessen.

Lord Kimberley.

to break down a combination

against the Govt

the

letting

system of the Annual

farm

I do not consider

it advisable as suggested

by former officials that the

Govt should take the Opium monopoly

into

its own

hands.

As

this

has worked

system of farming

the monopoly

satisfactorily

in other

Colonies and with the Evidence I have before

me I am of opinion that it is better for

the local Govt to adhere to the system of letting the farm annually unless as I have already remarked the offers which you may

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